SCA issues bonds for SEK 1.2 billion

Svenska Cellulosa Aktiebolaget SCA has today issued bonds with a total amount of SEK 1.2 billion under the company’s newly established Medium Term Note programme. The bonds are divided into two tranches, SEK 550 million of which has floating interest rates and SEK 650 million has fixed interest rates. The bonds have a tenor of 3 years and the interest rate margin was set to 0.36% per annum. Danske Bank and Svenska Handelsbanken are Joint Bookrunners for the issue. The bonds will be listed on Nasdaq Stockholm.